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Foraco International (TSX:FAR) 6-Month Price Index : 1.57 (As of May. 31, 2024)


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What is Foraco International 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-31), Foraco International's 6-Month Price Index is 1.57.

Competitive Comparison of Foraco International's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Foraco International's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Foraco International  (TSX:FAR) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Foraco International  (TSX:FAR) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Foraco International 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Foraco International's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Foraco International (TSX:FAR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (TSX:FAR) » Definitions » 6-Month Price Index
Comparable Companies
TSX:PRYM TSX:AMC TSXV:CNC TSX:ETG TSXV:EMX TSXV:REG TSXV:ADZN TSXV:NOU XCNQ:IBAT TSX:NDM ASX:BHP ASX:RIO LSE:RIO LSE:GLEN ASX:FMG BSP:VALE3 SAU:1211 GMEXICOB LSE:AAL BOM:500188
Traded in Other Exchanges
FRACF:USA 3F3:Germany
Address
26, Plage de l’Estaque, Marseille, FRA, 13016
Website
https://www.foraco.com
Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.
Executives
Fabien Sevestre Senior Officer

Foraco International (TSX:FAR) Headlines

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